With the arrival of US President Joe Biden’s administration, calls for a fresh allocation of special drawing rights (SDRs), the International Monetary Fund’s reserve assets, have gained new momentum. Yet while such proposals are supposedly geared toward assisting developing countries hit hard by the COVID-19 pandemic, SDRs are allocated...
Enterprise Life, Nigeria - a subsidiary of Enterprise Group PLC - has now opened its doors to the Nigerian public for business. It will be recalled that the company was granted its operating licence by the Nigerian National Insurance Commission (NAICOM) in November 2020, after meeting all necessary requirements...
The COVID Vaccine. It arrived in Ghana this week.
It’s arrival is equally welcome and beset by global controversy. Ghana is the first nation in Africa to get the UN-backed COVAX distribution of the Oxford-Astra-Zeneca vaccine. First to take it was our President, First Lady, Vice President and 2nd lady...
Golden Star Resources Limited has filed a technical report that includes a preliminary economic assessment to expand its Wassa underground gold mine in Ghana. According to the company, its preliminary economic assessment provides enough evidence to develop the mine and to fully utilise the available process plant capacity.
The company...
focus to shift toward settlements
calls on fintechs to look beyond processing payments to grow
After years of modest evolution, the banking fraternity and its ‘playbook’, as we know it, will experience significant changes in the near future - propelled by developments brought about by fintechs, as many retail...
Over 593 brilliant and needy students of the Kwame Nkrumah University of Science and Technology (KNUST) have received laptops to support their education.
The project, dubbed ‘Support One Needy Student with One Laptop’ (SONSOL), solicits the support of all stakeholders to provide one laptop to such students.
The laptops, valued at...
In an attempt to recover quickly from the ruins brought by the coronavirus pandemic on economies, countries around the world - especially developing ones - may resort to increasing taxes to raise more domestic revenue; hence, individuals and businesses must condition their minds for this, professor of global economy...
… FTC, SPEG say abrogated contract is in country’s interest
Two companies integral in the export of horticulture produce from the county, Fruit Terminal Company (FTC) and Sea Freight Pineapple Exporters of Ghana (SPEG), have come to clarify circumstances that led to the abrogation of the Fruit and Export Terminal...
Massive fiscal and monetary stimulus programs in the United States and other advanced economies are fueling a raging debate about whether higher inflation could be just around the corner. Ten-year US Treasury yields and mortgage rates are already climbing in anticipation that the US Federal Reserve – the de...
